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Repossession Advice
petersutton
Posts: 5 Forumite
Hi I was wondering if anyone can help me.
I've just found out that my fathers house has been repossessed by Barclays and is currently up for sale, unfortunately my Dad hid this very well from me as I've moved out years ago and he didn't want to worry me (parents sometimes they are worse than my kids).
My question is can this be stopped or has it already gone to far?
My second question is his total debts are only 6K. 4k mortgage(not arrears actual outstanding amount) and 2k other debts the house is up for sale for 175k who gets the difference between the debt and sale price, and how can I get this for him.
Unfortunately my dad's health & mental state have decreased due to the stress and currently he has decided to destroy the correspondence with regards to the house and bury his head and hope it goes away, which doesn't help me as I don't know where to start. But he believes he has no right to any money, I can't believe this to be correct.
I am going to be getting a power of attorney from him so that I can act on his behalf, is this the right thing to do?
Please if someone can help me in the right direction I would really appreciate it.
Thanks
Pete
I've just found out that my fathers house has been repossessed by Barclays and is currently up for sale, unfortunately my Dad hid this very well from me as I've moved out years ago and he didn't want to worry me (parents sometimes they are worse than my kids).
My question is can this be stopped or has it already gone to far?
My second question is his total debts are only 6K. 4k mortgage(not arrears actual outstanding amount) and 2k other debts the house is up for sale for 175k who gets the difference between the debt and sale price, and how can I get this for him.
Unfortunately my dad's health & mental state have decreased due to the stress and currently he has decided to destroy the correspondence with regards to the house and bury his head and hope it goes away, which doesn't help me as I don't know where to start. But he believes he has no right to any money, I can't believe this to be correct.
I am going to be getting a power of attorney from him so that I can act on his behalf, is this the right thing to do?
Please if someone can help me in the right direction I would really appreciate it.
Thanks
Pete
0
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